Upgraded Duplex with Impact
For Sale
$504,999
4709/4711 Leonard Blvd S, Lehigh Acres, FL 33973
Two three-bedroom residences feature contemporary finishes, private primary suites, and open-feeling interiors.
Property Size2,392 SF
Price / SF$211.12
Days on Market369
Property Features for 4709/4711 Leonard Blvd S
General Information
Standard status
Active
Size
2,392 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2025
Buildings
1
Listing Agency:
MGR Realty Services, Inc.
Listed By:
Katia Pazo · License #258023860
(239) 289-4312
Source:
Naplesareapropertysearch
Added: Oct 15, 2025
Changed: Oct 1
Last Checked: Oct 16 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MGR Realty Services, Inc.
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Investment Insights
Based on property information with market context.
Built in 2025, this duplex contains two residences, each with three bedrooms and two bathrooms. Each side offers 1,196 SF of living area and 1,640 SF of total area, with a floor plan designed to provide a spacious interior experience. Both residences include impact windows and doors, porcelain tile flooring, stainless steel appliances, quartz countertops, and wood cabinetry. Primary suites feature dual sinks and walk-in closets, while tray ceilings add detail to the living, dining, and primary bedroom areas.
The property is located in Lehigh Acres at 4709/4711 Leonard Blvd S, with access to Fort Myers. It is not located in a flood zone. A certificate of occupancy was issued 06/30/2025, and the duplex is ready for occupancy.
The property is located in Lehigh Acres at 4709/4711 Leonard Blvd S, with access to Fort Myers. It is not located in a flood zone. A certificate of occupancy was issued 06/30/2025, and the duplex is ready for occupancy.
Key Highlights
- Duplex completed in 2025 with two 3‑bedroom, 2‑bathroom residences
- Each side includes 1196 sf of living area and 1640 sf of total area
- Impact windows and doors installed throughout both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,661
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,220
$633.2K
Cap Rate 7%
$452,300
$452.3K
Cap Rate 9%
$351,789
$351.8K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$47.4K $19.80/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$45.2K $18.91/SF
− OpEx
−$13.6K −$5.67/SF
NOI
$31.7K $13.24/SF
Area
Lee County, FL
Vacancy
4.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,220
Cap Rate 7%
$452,300
Cap Rate 9%
$351,789
Alternative Uses
Best Use
Multifamily LT 5
$452.3K
$395.8K – $527.7K
NOI $31,661 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.0K
NOI $29,341 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$752.9K
$658.8K – $878.4K
NOI $52,701 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 33973, FL
12,728
Population
4,286
Households
3
Avg Household Size
28
Median Age
11%
College-Educated
81%
High-School Grad
3.8 sq mi
ZIP Area
3,349
Density / Sq Mi
$57,216
Median Household Income
$34,676
Median Earnings
$1,432
Median Rent
$334,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature contemporary finishes, private primary suites, and open-feeling interiors.
Where is this duplex located?
The property is located at 4709/4711 Leonard Blvd S Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $504,999.
What are key features of this property?
This property features: Duplex completed in 2025 with two 3‑bedroom, 2‑bathroom residences; Each side includes 1196 sf of living area and 1640 sf of total area; Impact windows and doors installed throughout both residences
